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2-bed · 1,227 sqftContinental Tower, Dubai Marina · 25th floor · completed 2015

2502, Continental Tower

Sold prices and rental history: sold once, by the developer in July 2014, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2502 · DLD and Ejari recordsUpdated 7 May 2019
Last soldAED 1.92M16 July 2014
Current rentAED 115K /yr7 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2502, Continental Tower

What is 2502 worth today?

Last sold for AED 1,918,465 in 2014

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7 May 2019RentedRenewal
AED 115,000/yr12 months · AED 94 per sqft
7 May 2018RentedNew contract
AED 125,000/yr12 months · AED 102 per sqft
16 Jul 2014Sold by developerOff-plan
AED 1,918,465AED 1,563 per sqft

Source: Dubai Land Department. Updated 7 May 2019.

Key facts

Type
2-bed apartment
Size
1,227 sqft
Floor
25th of 29
Parking
B3-41
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 18,900 /yr
Last sold
AED 1.92M · July 2014
Building
Continental Tower

About 2502, Continental Tower

2502 is a two-bedroom apartment of 1,227 sqft on the 25th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. The developer sold it on 16 July 2014 for AED 1,918,465, or AED 1,563 per sqft, in line with the AED 1,524 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 7 May 2019, is AED 115,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 18,900 a year.

Sales and rents for 2502 over time

Sales
Unit 2502, each saleTypical two-bed in Continental Tower
1M2M2014201820222026Typical sale price by year: 2014 AED 1,977,958; 2015 AED 2,250,005; 2016 AED 1,778,575; 2017 AED 1,860,000; 2018 AED 1,640,000; 2019 AED 1,300,000; 2020 AED 1,200,000; 2022 AED 1,610,000; 2023 AED 1,750,000; 2024 AED 2,075,000; 2025 AED 2,200,000; 2026 AED 2,325,000Sold by developer, July 2014: AED 1,918,465 (AED 1,563 per sqft)

2502 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2502, each contractTypical two-bed in Continental Tower
100K125K2017202020232026Typical rent by year: 2017 AED 130,000; 2018 AED 125,000; 2019 AED 107,500; 2020 AED 87,918; 2021 AED 85,000; 2022 AED 90,000; 2023 AED 105,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 115,500New contract, May 2018: AED 125,000 a yearRenewal, May 2019: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Continental Tower, and where 2502 sits

All 110 2-beds →

2502 last sold in July 2014 at AED 1,563 per sqft, in line with what two-beds in Continental Tower were fetching at the time (AED 1,524). Over the last 12 months two-beds sold for AED 2,000,000 to 2,625,000, around AED 1,693 per sqft, and rent for AED 89,000 to 240,000 a year. 2502's AED 115,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20262,050,000
2 Sep 20262,000,000
26 Aug 20262,500,000
24 Aug 20262,510,000
13 2-bed sales in the last 12 months

Continental Tower

Building

208 apartments, 1-bed to 3-bed over 29 floors in Dubai Marina, completed in 2015 by Continental Investments LMD. 19 sold in the last 12 months.

Typical price per sqft
AED 1,693 Up 0.7%
Typical sale
AED 2.2M
Typical rent
AED 112K /yr
Typical yield
5.7%
Continental Tower, Dubai Marina: prices, sales and rents →

Other units on the 25th floor

All 208 units in Continental Tower
Value
25012-bedAED 2M · Aug 2023
25032-bedAED 2.05M · Apr 2024
25042-bedAED 2.2M · May 2024
25051-bedAED 1.05M · Aug 2022
25061-bedAED 1.08M · Sep 2022
25072-bedAED 2M · Aug 2014

2502, Continental Tower in numbers

  • Sold once: by Continental Investments LMD on 16 July 2014 for AED 1,918,465, or AED 1,563 per sqft.
  • Rented since May 2018 on 2 Ejari contracts, from AED 125,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 18,900 a year (AED 15.41 per sqft).
  • Two-beds in Continental Tower sold for AED 2,000,000–2,625,000 in the 12 months to November 2026; the building's median across all types is AED 1,693 per sqft.

Source: Dubai Land Department. Updated 7 May 2019.

Questions about 2502, Continental Tower

What did unit 2502 last sell for?

AED 1,918,465 on 16 July 2014, sold by the developer: AED 1,563 per sqft for 1,227 sqft. It is the only registered sale of the unit.

What is the rent for unit 2502?

AED 115,000 a year on the contract renewed on 7 May 2019. The previous contract, from May 2018, was AED 125,000.

How big is unit 2502?

1,227 sqft (114.0 sqm): a two-bedroom apartment on the 25th floor of a 29-storey tower completed in 2015.

What is unit 2502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Continental Tower sold for AED 2,000,000 to 2,625,000 in the last 12 months, around AED 1,693 per sqft.

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Mortgage on 2502, Continental Tower

Starts from the last sale price (AED 1.92M, 16 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,918,465
Deposit, UAE resident (20%)
AED 383,693
Deposit, non-resident (40%)
AED 767,386
Monthly over 25 years at 3.7%
AED 7,849

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →